Funding you earn now, next payment 05:00 UTC+0.1435%/8h= +157.1% APRpaid last 24h +0.226%
Price spread now: Bybit against Kraken Futures+0.296%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and Bybit is 0.296% dearer against Kraken Futures than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BBUSD | 0.009146 | −0.1335 | get 0.0167% / 1h | 50m 03s | $22K | $3K | 10x |
| Short | Bybit BBUSDT | 0.009173 | 0.0100 | get 0.0050% / 4h | 3h 50m | $692K | $802K | 25x |
Kraken Futures PF_BBUSD
Bybit BBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $301.33
- Price spread: +0.296% → 0.000%
- $29.56
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $309.89
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 65 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 65 min ago | 10.44 bp | 111.8 bp −$112 | 497.9 bp −$4,979 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BB on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BBUSDlong | −0.1335% | 1h | 0.009146 | long leg | $22K | $3K | 10x | |
| Aster BBUSDT | +0.0100% | 4h | 0.009171 | +0.274% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009164 | +0.199% | $3.3M | $6.9M | 50x | as long as short |
| Bybit BBUSDTshort | +0.0100% | 4h | 0.009173 | +0.296% | $692K | $802K | 25x | |
| Gate BB_USDT | +0.0100% | 4h | 0.009200 | +0.591% | $137K | $230K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009162 | +0.175% | $1.4M | $573K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009180 | +0.372% | $456K | $96K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009160 | +0.153% | $342K | $481K | 50x | as long as short |
| BingX BB-USDT | +0.0504% | 4h | 0.009188 | +0.460% | — | $1.3M | — | as long as short |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT